Industry News

US streaming giant Netflix agreed to provide television series to Baidu’s iQiyi.com, gaining access to the only major film market that had eluded the world’s largest paid video service.

Entrepreneur/SME Focus

Finance
Do you want to be the next FinTech star and bring your solution to market? Come to Mettā in Central, Hong Kong to join Citi HK FinTech Challenge Info Day to find out how you can plug into the Challenge. Top executives from Citi will speak, introduce the Challenge and the open APIs - and answer your questions directly.

Transportation
China Southern Airlines Co Ltd (1055.HK)(600029.SS) said on Tuesday it would issue HK$1.55 billion ($199.6 million) worth of shares to a subsidiary of American Airlines Group Inc (AAL.O), giving the U.S. airline a stake in China's largest carrier.

Intellectual Property
US streaming giant Netflix agreed to provide television series to Baidu’s iQiyi.com, gaining access to the only major film market that had eluded the world’s largest paid video service.

Trade & Investment
Hong Kong appears set to burnish its credentials as a global trading hub, with its development of a proof-of-concept distributed ledger platform for trade finance using Blockchain technology.

Education
The Schwarzman Scholars program is the brainchild of Asia Society Trustee and Chairman, CEO & Co-Founder of Blackstone Stephen A. Schwarzman. The program provides a unique opportunity for potential young leaders to participate in a fully funded one-year Master's Degree program at Tsinghua University in Beijing, including travel costs and a modest personal stipend. At this time the application process for the third cohort of Schwarzman Scholars is open, and we believe potential candidates would benefit greatly from this unique opportunity and generous scholarship.

Taxation

Law
Akin Gump partners specializing in global trade, Stephen Kho and Tatman Savio, have spoken on the Trans-Pacific Partnership (TPP) trade agreement in an article by The Asian Lawyer, “TPP’s Uncertain Prospects Weigh on Asia-based Lawyers,” which noted that if the United States were to not ratify the TPP, it would render the trade deal a failure.

Human Resources
The Schwarzman Scholars program is the brainchild of Asia Society Trustee and Chairman, CEO & Co-Founder of Blackstone Stephen A. Schwarzman. The program provides a unique opportunity for potential young leaders to participate in a fully funded one-year Master's Degree program at Tsinghua University in Beijing, including travel costs and a modest personal stipend. At this time the application process for the third cohort of Schwarzman Scholars is open, and we believe potential candidates would benefit greatly from this unique opportunity and generous scholarship.

Communications/Tech
Together with the U.S. Trade Mission Delegation, a series of Smart City and technology related activities were held this week

Hospitality
Walt Disney has agreed to inject an extra HK$350 million into its Hong Kong theme park’s six-year expansion plan and waive part of its management fees for two years after renewed public outcry over the deal’s “unequal” financing.

Real Estate

CSR
The price of ivory in China has dropped sharply as that country plans to end the legal trade in ivory later this year, a leading elephant conservation group said in a new report. That’s great news for the world’s largest land animals.

Apparel & Footwear
On March 14, AmCham hosted students from the University of Washington’s Foster School of Business for an industry briefing that covered both Hong Kong and Vietnam

Greater China
US streaming giant Netflix agreed to provide television series to Baidu’s iQiyi.com, gaining access to the only major film market that had eluded the world’s largest paid video service.

Health Care

Food & Beverage
The American Chamber of Commerce in Hong Kong (“the Chamber”) appreciates the HKSAR Government’s effort contributing to the provision of safe and adequate nutrition for infants and young children in Hong Kong.

Environment & Sustainability
The price of ivory in China has dropped sharply as that country plans to end the legal trade in ivory later this year, a leading elephant conservation group said in a new report. That’s great news for the world’s largest land animals.

What’s New in Washington
As the Trump presidency completes its first 10 weeks, the administration is celebrating big wins on the regulatory reform front while nursing some wounds from a major defeat on efforts to repeal and replace the Affordable Care Act (ACA).